Fortive CorpFTV
Market cap
$18.6B
P/E ratio
| Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| Product | - | - | 5,755 | 6,397 | 3,957 | 4,496 | 4,920 | 5,138 | 5,282 |
| Service | - | - | 698 | 923 | 678 | 759 | 906 | 928 | 950 |
| Total sales | - | - | 6,453 | 7,320 | 4,634 | 5,255 | 5,826 | 6,065 | 6,232 |
| Product | - | - | 2,657 | 3,051 | 1,643 | 1,833 | 1,995 | 1,982 | 1,995 |
| Service | - | - | 474 | 589 | 383 | 414 | 468 | 489 | 506 |
| Cost of sales | 3,192 | 3,358 | 3,131 | 3,640 | 2,026 | 2,248 | 2,462 | 2,471 | 2,501 |
| Gross profit | 3,033 | 3,299 | 3,321 | 3,680 | 2,609 | 3,007 | 3,363 | 3,594 | 3,731 |
| Selling, general, and administrative | 1,402 | 1,538 | 1,729 | 2,220 | 1,748 | 1,840 | 1,957 | 2,063 | 2,174 |
| Research and development | 385 | 406 | 414 | 457 | 321 | 355 | 402 | 398 | 414 |
| Gain on sale of property | - | - | - | - | - | - | - | - | 63 |
| Russia exit and wind down costs | - | - | - | - | - | - | 18 | - | - |
| Operating profit | 1,246 | 1,355 | 1,178 | 1,004 | 539 | 813 | 987 | 1,134 | 1,207 |
| Interest expense, net | - | - | - | - | - | - | - | - | 153 |
| Loss from divestiture | - | - | - | 41 | - | - | - | - | -26 |
| Other non-operating expenses, net | - | - | -3 | -6 | -2 | -14 | -16 | -19 | -59 |
| Earnings before income taxes | 1,197 | 1,284 | 1,078 | 875 | 1,508 | 678 | 874 | 991 | 970 |
| Income taxes | 325 | 240 | 160 | 149 | 56 | 63 | 118 | 125 | 137 |
| Net earnings | 872 | 1,045 | 2,914 | 739 | 1,613 | 608 | 755 | 866 | 833 |
| Earnings Per Share, Basic | 2.52 | 3.01 | 8.33 | 1.99 | 4.58 | 1.64 | 2.12 | 2.46 | 2.39 |
| Earnings Per Share, Diluted | 2.51 | 2.96 | 8.21 | 1.97 | 4.49 | 1.63 | 2.1 | 2.43 | 2.36 |